Professional or consultancy fees paid to smmart Consultancy Pvt Ltd for the Training of one of Partner of Firm .

Whether service tax charged shall be eligible for cenvat credit and the same will be set off against Excise duty ...

please help

Excise duty is exempted on readymade garments from 01.03.13 subject to not availing credit. What about the stock of readymade garments lying in factory on closing day of 28.02.13? is it liable for payment of excise duty on its clearance.?

6% excise duty on branded readymade garments & made ups of cotton, not containing any other textile materials -Reg.
Posted In Excise Duty | Notification | No Comments »
Seeks to amend notification No. 7/2012- CE, dated the 17th March, 2012, so as to prescribe 6% rate of excise duty to branded readymade garments and made ups of cotton, not containing any other textile materials.
NOTIFICATION No. 8/2013-Central Excise
New Delhi, the 1st March, 2013
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No 7/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide G.S.R. 158 (E), dated the 17th March, 2012, namely :-
In the said notification, in the Table, against serial number 7, in column (3), for the entry, the following shall be substituted namely:-
“All goods of cotton, not containing any other textile material.
Explanation. – For the removal of doubts, it is hereby clarified that ‘goods of cotton, not containing any other textile material’, shall include goods made from fabrics of cotton, not containing any other textile material, even if they contain sewing threads, cords, labels, elastic tapes, zip fasteners and similar items used for stitching, fastening, holding or adornment, of materials other than cotton. ”
[F. No. 334/3/2013-TRU]
(Akshay Joshi)
Under Secretary to the Government of India
Note. – The principal notification No.7/2012-Central Excise, dated the 17th March, 2012, was published in the Gazette of India, Extraordinary, vide number G.S.R. 158 (E), dated the 17th March, 2012.


What does it me whether full excise duty is exempt or if goods are made of only cotton are exempt. please elobrate.

Dear Expert,
Which Form to be used by SSI unit(Availing benefit of Excise notification of exempted value based clearance ) for filing Excise return of Goods sold another Brand name. Currently we are filing the same in ER-3, but our lawyer asked us to file in ER -1 but I am not convinced with the same

Thanks

Dear experts,
we have received order from foreign customer to supply the material to his customer in Gujarat-India. In that condition what procedure to follow in preparation of invoice. whether we have to make commercial invoice or export invoice, what will be tax( Excise duty & sales tax )..any forms to be obtain?...

if my client imports some parts and buys from india some other parts and assembles a smart phone or a tablet in maharashtra, is there any excise?

regards,
ca kunjan shah

Hi,

We are manufacturers of household product and availing exemption under notification no. 50/2003 (Industrial Area Exemption). Our Final Product is exempted from the excise duty vide this notification.

Alongwith the Final product, we are also removing the spare parts and Accessories. I want to understand the applicability of excise duty on the spare parts and accessories although our Final Product is exempted from the Excise Duty.

Regards.
Ram Das Garg.

We are dealing in T shirts.Please note that in the current budget excise duty has been exempted.
Since when it is effective.
Please reply back immediately.Is it from 1 March 2013 onwards or what?
Please give me clarity.

HI,

My Business : i have a E-Commerce Site where i am Selling Apparels & Footwear on brand name which is registered for me under trade mark.

Most of my Goods are Imported but few are manufactured by Local Manufacturers putting my brand name.

i accumulate all the goods in my warehouse and dispatch them to customers as per orders.

am i liable to excise as the brand name is mine??? if Yes - can i pay the Excise in my Warehouse when i sell them.

Please Help..
If SEZ unit supply material to manufacturer(imported raw material) which tax are applicable weather we can availed cenvat on that invoice.
thanks in advance.